Legal claims defining the scope of protection. Each claim is shown in both the original legal language and a plain English translation.
1. A method comprising: a) receiving through operation of at last one computer including at least one processor and at least one data store, a check payment request from a payee terminal, wherein the check payment request includes a check payment amount, and at least one of a payor phone number, and a payor email address, corresponding to a payor terminal, b) responsive at least in part to the receipt of the check payment request in (a), i) generating through operation of the at least one computer, a payment request record corresponding to the check payment request, ii) storing in the at least one data store through operation of the at least one computer, the check payment request record, iii) sending through operation of the at least one computer, at least one check payment request message to the at least one of the payor phone number and the payor email address corresponding to the payor terminal, c) receiving at least one payment response message responsive at least in part to the at least one check payment request message, through operation of the at least one computer, d) responsive at least in part to receipt of the at least one payment response message in (c), operating the at least one computer to send at least one payment instruction message to the payor terminal, wherein the at least one payment instruction message is operative to cause, output of the payment amount from an output device of the payor terminal, the payor terminal to be operable to capture image data corresponding to a check image of at least one side of a payor check, the payor terminal to be operable to send at least one payor terminal payment message including the image data corresponding to the check image, to the at least one computer, e) receiving the at least one payor terminal payment message through operation of the at least one computer, f) responsive at least in part to receipt of the at least one payor terminal payment message in (e), operating the at least one computer to change the payment request record to indicate a check payment has been received.
2. The method according to claim 1 and further comprising: g) subsequent to (f), operating the at least one computer to send at least one payment status message corresponding to the changed payment request record to the payee terminal, h) subsequent to (f), operating the at least one computer to send to the payee terminal, at least one check image message including the image data corresponding to the check image, wherein the at least one check image message enables the image of at least one side of the check to be output through a payee output device of the payee terminal.
This invention relates to digital payment systems, specifically for processing check payments between a payer and a payee using a computer system. The problem addressed is the need for efficient, secure, and automated handling of check payments, including status updates and image transmission to the payee. The method involves operating at least one computer to receive a payment request from a payer terminal, where the request includes a check image and payment details. The system processes the request by validating the check image and payment information, then generating a payment request record. If the payment is approved, the system updates the record to reflect the approval and sends a payment status message to the payee terminal. Additionally, the system transmits a check image message containing the check image data to the payee terminal, enabling the payee to view the image of at least one side of the check through an output device. This ensures the payee receives both confirmation of payment and visual verification of the check. The system may also handle payment declines or errors, updating the record and notifying the payee accordingly. The method enhances transparency and security in digital check processing by providing real-time status updates and image access.
3. The method according to claim 2 and further comprising: i) subsequent to (g), operating the at least one computer to receive at least one payment validation request message from the payee terminal, wherein the at least one computer is operative to send the at least one check image message in (h) responsive at least in part to receipt of the at least one payment validation request message.
A system and method for processing check payments involves a computer system that facilitates transactions between a payer and a payee. The system addresses inefficiencies in traditional check processing by automating validation and image retrieval. The method includes capturing a check image from a payer terminal, extracting payment details, and transmitting a payment request to a payee terminal. The payee terminal receives the request and may validate the payment by sending a validation request to the computer system. Upon receiving this request, the computer system retrieves and sends the check image to the payee terminal for verification. This ensures secure and efficient check processing by automating the exchange of payment information and check images, reducing manual handling and improving transaction accuracy. The system is particularly useful in financial transactions where quick validation and verification of check details are required.
4. The method according to claim 3 and further comprising: j) subsequent to (e), operating the at least one computer to cause the payor check corresponding to the image data, to be deposited in a financial account associated with the payee.
This invention relates to automated check processing systems that handle digital images of checks for financial transactions. The problem addressed is the need for efficient, secure, and accurate deposit of checks into a payee's financial account using image-based processing. The system involves capturing an image of a check, extracting relevant data such as the payee, amount, and payor information, and validating the check for authenticity. The method includes generating a digital representation of the check, verifying the payor's signature, and confirming sufficient funds in the payor's account. After validation, the system deposits the check into the payee's financial account, ensuring the transaction is completed securely and without manual intervention. The process may also include fraud detection, encryption of sensitive data, and compliance with financial regulations. The invention aims to streamline check processing while minimizing errors and fraud risks.
5. The method according to claim 4 and further comprising: k) subsequent to (e) operating the at least one computer to cause the image data corresponding to the check image of the payor check to be sent to a check presentment network.
A system and method for processing financial transactions involving check images. The technology addresses inefficiencies in traditional check processing by automating the handling of check images within a financial network. The method involves capturing an image of a payor check, extracting relevant data such as the check amount, payee, and payor information, and validating the extracted data. The system then generates a digital representation of the check, including metadata and transaction details, and stores this information in a secure database. The method further includes transmitting the check image data to a check presentment network, enabling electronic processing and settlement of the transaction. This approach reduces manual handling, minimizes errors, and accelerates transaction processing times. The system may also include fraud detection mechanisms to verify the authenticity of the check image before transmission. The method ensures compliance with financial regulations by maintaining an audit trail of all processed checks. The solution is particularly useful for banks, financial institutions, and payment processors seeking to modernize check processing workflows.
6. The method according to claim 5 wherein the at least one computer includes circuit executable instructions that comprise a payment website, wherein in (b) (iii) the at least one check payment request message includes a link to a network address associated with the payment website, wherein the at least one payment response message received in (c) is sent by the payor terminal responsive at least in part to an input through an input device of the payor terminal selecting the link.
This invention relates to digital payment systems, specifically methods for processing payments between parties using a payment website. The problem addressed is the need for secure and efficient payment transactions, particularly in scenarios where a payor (the party making the payment) must be directed to a payment website to complete the transaction. The method involves a system where a payor terminal, such as a computer or mobile device, interacts with a payment processor. The payment processor generates a check payment request message that includes a link to a payment website. This message is sent to the payor terminal, where the user can select the link via an input device (e.g., mouse, touchscreen, or keyboard). Upon selection, the payor terminal sends a payment response message to the payment processor, which includes the necessary payment details. The payment website hosted on the payment processor's computer executes instructions to facilitate the transaction, ensuring secure and authenticated payment processing. This approach streamlines the payment process by directing the payor to a dedicated payment interface, reducing errors and improving transaction security. The system is particularly useful in e-commerce, peer-to-peer payments, and other digital payment scenarios where user interaction is required to complete the transaction.
7. The method according to claim 6 wherein in (d) the at least one payment instruction message includes embedded instructions, wherein the payor terminal is operative to capture the image data corresponding to the payor check responsive at least in part to the embedded instructions.
This invention relates to a payment processing system that facilitates check transactions using image data. The system addresses the problem of securely and efficiently processing checks by embedding instructions within payment messages to control the capture of check images. The method involves a payor terminal that receives a payment instruction message containing embedded instructions. These instructions direct the payor terminal to capture image data of a payor check. The embedded instructions may include parameters such as image resolution, capture timing, or formatting requirements to ensure the captured image meets predefined standards for processing. The system ensures that the payor terminal adheres to these instructions when capturing the check image, improving accuracy and compliance in check processing. This approach streamlines the transaction by automating image capture based on centralized instructions, reducing manual intervention and errors. The method is part of a broader system that may include generating payment messages, transmitting them to the payor terminal, and processing the captured image data for payment authorization. The embedded instructions enhance security and efficiency by ensuring consistent image capture across different terminals and transactions.
8. The method according to claim 7 wherein in (d) the embedded instructions include payment record identifying data corresponding to the payment request record, wherein in (e) the at least one payor terminal payment message includes at least a portion of the payment record identifying data.
This invention relates to secure payment processing systems, specifically methods for embedding payment record identifying data within payment transactions to enhance tracking and verification. The problem addressed is the need for reliable identification and correlation of payment records across different systems, ensuring accurate transaction processing and fraud prevention. The method involves generating a payment request record containing transaction details, which is then embedded with payment record identifying data. This data uniquely links the payment request to specific records in the payment system. The embedded instructions are transmitted to a payor terminal, which processes the payment and generates a payment message. This message includes at least a portion of the payment record identifying data, allowing the payment system to accurately match the transaction with the original request. The process ensures that payment records can be traced and verified throughout the transaction lifecycle, reducing errors and fraud. The method may also involve additional steps such as generating a payment request record, transmitting the embedded instructions to a payor terminal, and processing the payment message to complete the transaction. The payment record identifying data may include unique identifiers, timestamps, or other metadata that facilitate record correlation. The system ensures secure and efficient payment processing by maintaining a clear link between payment requests and their corresponding transactions.
9. The method according to claim 8 wherein in (d) the embedded instructions include data corresponding to the payment amount, wherein the payor terminal is operative to output the payment amount through the output device of the payor terminal responsive at least in part to the embedded instructions.
This invention relates to a payment processing system that facilitates secure and efficient transactions between a payor and a payee. The system addresses the problem of securely transmitting payment information between terminals while ensuring the payor can verify the payment amount before authorization. The method involves a payor terminal and a payee terminal, each with input and output devices. The payor terminal generates a payment request, which includes a payment amount and is transmitted to the payee terminal. The payee terminal processes this request and generates a payment authorization request, which includes embedded instructions. These instructions contain data corresponding to the payment amount and are sent back to the payor terminal. The payor terminal then outputs the payment amount through its output device based on the embedded instructions, allowing the payor to confirm the amount before finalizing the transaction. This ensures transparency and accuracy in the payment process. The system may also include additional security measures, such as encryption or authentication steps, to protect the transaction data.
10. The method according to claim 9 and further comprising: l) subsequent to (e), operating the at least one computer to receive at least one payment allocation message from the payee terminal, m) operating the at least one computer responsive at least in part to the at least one payment allocation message received in ( 1 ) to allocate the check as payment to at least one of a selected payor account, or a selected payor remittance advice.
This invention relates to automated check processing systems, specifically improving the allocation of check payments to specific accounts or remittance advices. The problem addressed is the inefficiency and potential errors in manually allocating check payments, which can lead to delays in payment processing and accounting discrepancies. The method involves using at least one computer to process a check, including capturing check data, verifying the check, and determining the payee. After these steps, the system receives a payment allocation message from the payee terminal. This message instructs the system on how to allocate the check payment. The computer then processes this message to allocate the check as payment to either a selected payor account or a selected payor remittance advice. This ensures that the payment is correctly attributed to the appropriate financial account or remittance documentation, improving accuracy and efficiency in payment processing. The system may also involve additional steps such as validating the check, determining the payee, and generating a payment instruction. The allocation process is automated, reducing manual intervention and minimizing errors. This method is particularly useful in financial institutions or businesses that handle high volumes of check payments, ensuring faster and more accurate payment processing.
11. The method according to claim 10 and further comprising: n) prior to (l) operating the at least one computer to cause at least one account selection message to be sent to the payee terminal, wherein the at least one payment allocation message received in ( 1 ) is sent by the payee terminal responsive at least in part to the at least one account selection message sent in (n).
This invention relates to a payment processing system that facilitates secure and efficient transactions between a payer and a payee. The system addresses the problem of ensuring that payments are correctly allocated to the intended payee account, particularly in scenarios where the payee may have multiple accounts or where additional verification is required before processing the payment. The method involves a computer system that receives a payment allocation message from a payee terminal, where this message specifies how a payment should be distributed among one or more payee accounts. Before sending this allocation message, the payee terminal may receive an account selection message from the computer system, prompting the payee to confirm or specify which account(s) should receive the payment. This interaction ensures that the payee has control over the allocation process and reduces the risk of misdirected payments. The system may also include steps for verifying the payee's identity or the validity of the payment request before processing the transaction. The computer system processes the payment allocation message and executes the transfer of funds to the designated payee account(s) based on the received instructions. This method enhances security and accuracy in payment processing by involving the payee in the allocation decision, particularly in cases where multiple accounts are involved or additional verification is needed.
12. The method according to claim 11 wherein in (n) the at least one account selection message includes data corresponding to a plurality of unpaid invoices.
A method for managing financial transactions involves processing payment requests from a user device, where the user device communicates with a payment processing system to facilitate payments. The method includes receiving a payment request from the user device, identifying at least one account associated with the user, and generating an account selection message that includes data corresponding to multiple unpaid invoices linked to the user's account. The system then transmits this account selection message to the user device, allowing the user to view and select from the available unpaid invoices for payment. The method further involves receiving a selection of one or more invoices from the user, processing the payment for the selected invoices, and updating the account status accordingly. This approach streamlines the payment process by presenting multiple unpaid invoices in a single interface, reducing the need for multiple transactions and improving user convenience. The system may also include additional features such as authentication, transaction history tracking, and secure data transmission to ensure secure and efficient payment processing.
13. The method according to claim 11 wherein in (m) the check is allocated as payment to the selected payor account, and further comprising: o) responsive at least in part to allocating the check as payment to the selected payor account in (m), operating the at least one computer to send at least one account payment balance message to the payee terminal, wherein the at least one payment balance message includes data corresponding to a balance of the selected payor account after allocation of the check to the selected payor account.
The invention relates to financial transaction systems, specifically methods for processing checks and updating account balances in real-time. The problem addressed is the delay and inefficiency in traditional check processing, where payees often lack immediate confirmation of funds availability or updated account balances after a check is deposited or cashed. The method involves a computer system that processes a check by allocating it as payment to a selected payor account. After allocation, the system sends an account payment balance message to the payee's terminal, providing data on the updated balance of the payor account. This ensures the payee receives real-time confirmation of the transaction's impact on the account balance, improving transparency and reducing uncertainty in financial transactions. The system may also include steps for verifying the check's authenticity, determining the payor account, and handling exceptions such as insufficient funds. The method enhances efficiency by automating balance updates and communication between the financial institution and the payee.
14. The method according to claim 13 wherein payee terminal in (a), (g), (h), (i), (l), (n), and (o) is operated by one of a merchant payee to be paid for delivered goods, a bill collection agency, a lender, or an online seller of goods that offers an online pay by check option.
This invention relates to a payment processing system that facilitates electronic check transactions between a payer and a payee. The system addresses the inefficiencies and security risks of traditional paper-based check processing by enabling digital check issuance, validation, and settlement. The method involves a payer terminal generating a digital check with payment details, which is then transmitted to a payee terminal. The payee terminal verifies the check's authenticity and submits it to a payment processor for clearing. The system ensures secure transmission, fraud detection, and real-time processing, reducing delays and costs associated with physical checks. The payee terminal in this system can be operated by various entities, including a merchant payee receiving payment for delivered goods, a bill collection agency processing payments, a lender collecting loan repayments, or an online seller offering a pay-by-check option. The system supports multiple payee types, ensuring flexibility in payment scenarios. The digital check includes encrypted payment data, ensuring secure transmission and reducing the risk of fraud. The payment processor validates the check against the payer's account, confirms sufficient funds, and facilitates the transfer of funds to the payee. This method streamlines check processing, improves security, and enhances the efficiency of electronic payments.
15. The method according to claim 14 wherein in (d) the payor terminal comprises a mobile wireless device including a camera, and further comprising: p) prior to (f), operating the at least one computer to determine a check amount associated with the payor check responsive at least in part to the image data received in the at least one payor terminal payment message in (e), q) subsequent to (p) and prior to (f) operating the at least one computer to determine that the check amount determined in (p) is at least as great as the check payment amount in (a), wherein in (f) the check payment request record is changed responsive at least in part to the determination in (q).
This invention relates to a system for processing check payments using mobile wireless devices. The problem addressed is ensuring secure and accurate check payments by verifying the check amount before processing. The system involves a payor terminal, such as a mobile device with a camera, which captures an image of a check. The payor terminal sends image data to a computer system, which extracts the check amount from the image. The system then compares this extracted amount to a pre-determined check payment amount. If the extracted amount is at least as great as the pre-determined amount, the check payment request is processed. This verification step ensures that the correct payment amount is being processed, reducing errors and fraud. The system may also include additional steps for authentication and authorization, such as verifying the payor's identity and ensuring the payee is authorized to receive the payment. The overall process enhances security and accuracy in mobile check payment transactions.
16. The method according to claim 15 wherein in (d) the at least payment instruction message is further operative to cause the output device of the payor terminal to output an image of a remittance advice corresponding to the payment amount.
A payment processing system facilitates secure and efficient transactions between a payor and a payee using a payor terminal and a payee terminal. The system addresses challenges in traditional payment methods, such as delays, security risks, and lack of transparency, by automating payment instructions and providing real-time confirmation. The method involves receiving a payment request from the payor terminal, validating the request, generating a payment instruction message, and transmitting it to a payment processor. The payment processor executes the transaction and sends a confirmation to both terminals. Additionally, the system ensures the payor terminal outputs an image of a remittance advice corresponding to the payment amount, providing a clear record of the transaction for the payor. This feature enhances transparency and accountability by allowing the payor to review and retain proof of payment. The system may also include fraud detection mechanisms, encryption for secure data transmission, and integration with existing financial networks to support various payment methods. The remittance advice image may include details such as the payee's information, payment amount, date, and transaction reference number, ensuring all parties have a consistent and verifiable record of the transaction.
17. The method according to claim 15 wherein in (d) the at least one payment instruction message is further operative to cause the payor terminal to be operable to capture data corresponding to an image of a remittance advice, wherein the at least one payor terminal payment message received in (e) includes the image data corresponding to the image of the remittance advice.
This invention relates to payment systems that facilitate transactions between a payor and a payee, particularly where remittance advice is involved. The problem addressed is the need for efficient and accurate transmission of remittance advice data during electronic payments, ensuring that payment instructions and supporting documentation are securely and reliably exchanged between parties. The method involves a payor terminal generating at least one payment instruction message, which includes details such as the payee's account information and payment amount. The payor terminal is also configured to capture an image of a remittance advice, which may contain additional transaction details or supporting documentation. This image data is embedded into the payment instruction message. The message is then transmitted to a payment processing system, which processes the payment and forwards the payment instruction message, including the remittance advice image, to a payee terminal. The payee terminal receives the payment and the associated remittance advice, allowing the payee to verify and reconcile the payment with the supporting documentation. This ensures that all necessary information is transmitted securely and accurately, reducing errors and improving transaction efficiency.
18. The method according to claim 1 and further comprising: subsequent to (e), operating the at least one computer to cause the payor check corresponding to the image data, to be deposited in a financial account associated with the payee.
This invention relates to automated check processing systems, specifically improving the handling of check deposits in financial transactions. The problem addressed is the inefficiency and potential errors in manually depositing checks, particularly when checks are received as image data rather than physical documents. The invention provides a method for automatically depositing a check into a payee's financial account after processing the check image. The method involves capturing image data of a check, extracting relevant information such as the payee, payor, and amount from the image, and validating the extracted data. Once validated, the system generates a digital representation of the check and initiates a deposit transaction. The additional step described ensures that the payor's check, corresponding to the processed image data, is automatically deposited into the payee's financial account. This eliminates manual intervention, reduces processing time, and minimizes errors in check deposits. The system may also include fraud detection, data verification, and secure transmission of the check image to the financial institution for deposit. The invention is particularly useful in banking, financial services, and digital payment systems where automated check processing is required.
19. The method according to claim 1 wherein in (a) the payee terminal is operated by one of a merchant payee entitled to be paid for delivered goods, a bill collection agency, a lender, or an online seller of goods that offers an online pay by check option.
This invention relates to a payment processing system that enables payees to receive payments via electronic checks. The system addresses the inefficiencies and delays associated with traditional paper checks by digitizing the payment process, ensuring faster and more secure transactions. The method involves a payee terminal, which can be operated by various entities, including merchants, bill collection agencies, lenders, or online sellers offering a "pay by check" option. The payee terminal facilitates the receipt of electronic check payments, allowing payees to process payments electronically rather than handling physical checks. This reduces processing time, minimizes errors, and enhances security by eliminating the need for physical check handling. The system ensures that payments are authenticated and verified before processing, reducing the risk of fraud. By integrating with different types of payees, the system provides flexibility in payment acceptance, accommodating various business models and transaction types. The electronic check processing method streamlines financial transactions, improving efficiency for both payees and payers.
20. The method according to claim 1 wherein in (d) the at least one payment instruction message is further operative to cause an image of a remittance advice corresponding to the payment amount to be output from the output device of the payor terminal.
This invention relates to payment processing systems, specifically methods for generating and transmitting payment instructions with remittance advice. The problem addressed is the need for efficient, automated payment processing that includes clear documentation of payment details for both payor and payee. The method involves a system where a payor initiates a payment transaction through a payor terminal. The system generates at least one payment instruction message containing payment details, including the payment amount, payor account information, and payee account information. The payment instruction message is transmitted to a payment processor for execution. Additionally, the system causes an image of a remittance advice, which corresponds to the payment amount, to be output from the payor terminal. The remittance advice serves as a record of the payment transaction, providing documentation for the payor and payee. The remittance advice may include details such as the payment amount, payor and payee identifiers, transaction date, and any additional notes or references. The output of the remittance advice image ensures that the payor has a tangible record of the payment, which can be used for reconciliation or dispute resolution. The system may also include steps for validating the payment details before transmission and confirming the successful execution of the payment. This method enhances transparency and accountability in payment processing, reducing errors and improving record-keeping.
21. The method according to claim 1 wherein in (d) the at least one payment instruction message is further operative to cause the payor terminal to be operable to capture image data corresponding to an image of a remittance advice, the payor terminal to include in the at least one payor terminal payment message the image data corresponding to the image of the remittance advice.
This invention relates to payment systems that integrate remittance advice documentation with electronic payment transactions. The problem addressed is the inefficiency of manually handling remittance advice documents separately from electronic payments, which can lead to errors, delays, and lost documentation. The method involves a payment system where a payor terminal generates a payment instruction message to initiate a payment transaction. The payor terminal captures image data of a remittance advice document, such as an invoice or payment confirmation, and includes this image data in the payment message. The system then processes the payment and associates the remittance advice image with the transaction, ensuring the documentation is electronically linked to the payment. This eliminates the need for separate physical or manual remittance handling, improving accuracy and efficiency. The payor terminal may also include additional transaction details, such as payment amount, payee information, and transaction identifiers, in the payment message. The system ensures the remittance advice image is securely stored and retrievable for auditing or record-keeping purposes. This integration streamlines payment workflows, reduces administrative overhead, and minimizes the risk of mismatched payments and documentation.
22. A method comprising: a) operating at least one check payment processing computer including at least one processor circuit and at least one data store, to receive a check payment request from a first remote computer, wherein the check payment request includes data corresponding to a check payment due amount and at least one of a payor phone number, and a payor email address, associated with a mobile device of a check payor, b) operating the at least one check payment processing computer, responsive at least in part to the check payment request to send at least one check payment request message to the mobile device of the check payor, wherein the at least one check payment request message includes data corresponding to a link to a check payment website, wherein the at least one check payment processing computer operates circuit executable instructions which comprise the check payment website, c) operating the at least one check payment processing computer to receive at least one payment response message from the mobile device of the check payor through the check payment website, wherein the at least one payment response message is received responsive at least in part to the at least one check payment request message sent in (b), d) operating the at least one check payment processing computer responsive at least in part to the at least one check payment response message received in (c), to send at least one check payment instruction message to the mobile device of the check payor, wherein the at least one check payment instruction message includes embedded instructions from the check payment website, wherein the embedded instructions are operative to cause the check payment due amount to be output from a mobile display of the mobile device of the check payor, the mobile device of the check payor to be operable to capture image data corresponding to a check image of at least one side of a payor written check, the mobile device of the check payor to be operable to send at least one payor device payment message including the image data corresponding to the check image, to the at least one check payment processing computer, e) operating the at least one check payment processing computer to receive the at least one payor device payment message.
This invention relates to a digital check payment system that facilitates remote check processing using mobile devices. The system addresses the problem of inefficient and manual check payment processes by automating the collection and processing of check payments through mobile devices. A check payment processing computer receives a payment request from a remote computer, which includes a due amount and either a payor's phone number or email address linked to their mobile device. The system then sends a payment request message to the payor's mobile device, containing a link to a check payment website. The payor accesses the website and submits a payment response, triggering the system to send payment instructions back to the mobile device. These instructions guide the payor to display the due amount on their mobile device, capture an image of a written check, and transmit the check image data back to the processing computer. The system then receives and processes this image data to complete the payment. This method streamlines check payments by integrating mobile device functionality with automated check imaging and processing.
23. The method according to claim 22 and further comprising f) operating the at least one check payment processing computer responsive at least in part to the check payment request received in (a) to generate a check payment request record corresponding to the check payment request, and to store the check payment request record in the at least one data store, g) responsive at least in part to the at least one payor device payment message received in (e), operating the at least one check payment processing computer to change the check payment request record to indicate that a check payment has been received.
This invention relates to a system for processing check payments, particularly in scenarios where a payor needs to make a payment to a payee using a check. The problem addressed is the need for an efficient and secure method to handle check payment requests, track their status, and confirm receipt of payment. The system involves at least one check payment processing computer that receives a check payment request from a payor device. The request includes details such as the payee, payment amount, and check details. The system generates a check payment request record corresponding to the request and stores it in a data store. This record serves as a digital representation of the payment request, allowing tracking and verification. Upon receiving a payment message from the payor device, the system updates the check payment request record to indicate that the check payment has been received. This ensures that the payment status is accurately reflected in the system, providing transparency and reducing the risk of errors or disputes. The system may also include additional features such as validating the check payment request, generating a payment confirmation, and notifying the payee of the payment status. The overall goal is to streamline the check payment process, enhance security, and improve record-keeping.
24. The method according to claim 22 and further comprising: f) responsive at least in part to the image data corresponding to the check image in the at least one payor device payment message received in (e), operating the at least one check payment processing computer to determine a payor check amount of the payor written check, g) operating the at least one check payment processing computer to make a payment determination that the payor check amount determined in (f) corresponds to at least the check payment due amount.
This invention relates to automated check payment processing systems, specifically for verifying and processing payments from payor checks. The system addresses the problem of ensuring that a payor's written check amount matches the expected payment due amount, reducing manual verification errors and fraud risks. The method involves receiving at least one payor device payment message containing image data of a payor's written check. The system processes this image data to extract and determine the payor check amount written on the check. The system then compares this determined payor check amount against a pre-established check payment due amount to verify that the payor's check covers at least the required payment. This automated verification step ensures accuracy and reduces the need for manual review, improving efficiency and security in check payment processing. The method builds on a broader system that includes receiving payment messages, extracting check images, and validating check authenticity. The additional steps of determining the payor check amount and verifying it against the due amount enhance the system's ability to automate and secure check payment processing. This approach is particularly useful in financial transactions where accurate and timely payment verification is critical.
25. The method according to claim 22 and further comprising: f) responsive at least in part to the at least one payor device payment message received in (e), operating the at least one check payment processing computer to send at least one payment status message to the first remote computer, wherein the at least one payment status message includes data indicative of receipt of the image data corresponding to the payor written check.
This invention relates to automated check payment processing systems, specifically improving communication between payor devices, payment processing computers, and remote systems. The problem addressed is the lack of real-time confirmation for payors when submitting check images for processing, leading to uncertainty about transaction status. The method involves a payor device capturing an image of a written check and transmitting it to a payment processing computer. The processing computer analyzes the image, extracts relevant payment details, and generates a payment message. Upon receiving this message, the system sends a payment status message back to the payor device, confirming receipt of the check image. This status message includes data verifying that the image was successfully received and is being processed, providing immediate feedback to the payor. The method ensures transparency in check processing by linking the image submission to a confirmation response, reducing errors and improving user trust. The system may also integrate with remote computers, such as banking or financial systems, to facilitate further processing or record-keeping. The invention enhances efficiency by automating status updates and minimizing manual verification steps.
26. The method according to claim 22 and further comprising: f) subsequent to (e), operating the at least one check payment processing computer to send at least one check image message to the first remote computer, wherein the at least one check image message includes the image data, g) subsequent to (f), operating the at least one check payment processing computer to receive at least one payment allocation message from the first remote computer, h) subsequent to (g), operating the at least one check payment processing computer responsive at least in part to the at least one payment allocation message received in (f) to cause the check to be applied to one of a selected payor account or a selected payor invoice.
This invention relates to automated check processing systems, specifically improving the handling of check payments by integrating image data and payment allocation. The problem addressed is the inefficiency in manually processing checks, particularly in allocating payments to specific accounts or invoices, which can lead to errors and delays. The method involves a check payment processing system that captures an image of a check and transmits the image data to a remote computer. The remote computer analyzes the image to extract relevant payment information, such as the payor account or invoice details. After processing, the system sends the check image back to the remote computer, which then generates a payment allocation message. The check payment processing system receives this message and applies the check payment to the appropriate payor account or invoice based on the allocation instructions. This automation reduces manual intervention, minimizes errors, and speeds up payment processing. The system ensures accurate payment allocation by leveraging image analysis and remote processing, improving efficiency in financial transactions. The method is particularly useful in environments where checks are frequently used, such as accounts payable departments or financial institutions.
27. The method according to claim 22 wherein in (d) the embedded instructions in the at least one payment instruction message are operative to further cause the mobile display of the mobile device of the check payor to output an image of a remittance advice, the mobile device of the check payor to be operable to capture image data corresponding to an image of a paper remittance advice, and to include the image data corresponding to the image of the paper remittance advice in the at least one payor device payment message.
This invention relates to mobile payment systems that integrate digital and paper-based remittance advices. The problem addressed is the inefficiency of manually entering remittance advice details during mobile check payments, which increases processing time and errors. The solution involves a mobile payment method where a payor's mobile device receives embedded instructions in a payment message. These instructions trigger the device to display a digital remittance advice image and capture an image of a physical remittance advice. The captured image data is then included in a payment message sent to the payee. This eliminates manual data entry by automating the inclusion of remittance details, improving accuracy and speed. The system ensures compatibility with both digital and paper-based remittance advices, enhancing flexibility for users. The method leverages existing mobile device capabilities to streamline payment processing while maintaining record-keeping integrity. This approach is particularly useful in business transactions where remittance advices are critical for accounting and reconciliation.
28. The method according to claim 22 wherein in (a) the first remote computer comprises one of a merchant payee computer of a merchant payee entitled to be paid by the payor for delivered goods, a computer operated by a bill collection agency, a computer operated by a lender, a computer operated by an online seller of goods that offers a pay by check payment option.
This invention relates to a method for processing payments between a payor and a payee using a remote computer system. The method addresses the problem of securely and efficiently facilitating payments for goods or services, particularly in scenarios where traditional payment methods may be inconvenient or unavailable. The method involves a payor initiating a payment request through a payor computer, which is then transmitted to a first remote computer associated with the payee. The first remote computer may be operated by various entities, including a merchant payee entitled to payment for delivered goods, a bill collection agency, a lender, or an online seller offering a pay-by-check payment option. The payment request is then processed and authorized, with the payor computer receiving confirmation of the payment. The method ensures secure transmission and verification of payment details, reducing the risk of fraud and improving transaction efficiency. The system supports multiple payee types, allowing flexibility in payment processing across different industries and use cases. The method may also include additional steps such as generating a payment confirmation, updating payment records, and notifying the payor and payee of the transaction status. This approach streamlines payment workflows, enhances security, and provides a reliable mechanism for handling financial transactions in various commercial and financial contexts.
29. A method comprising: a) operating at least one computer including at least one processor circuit and at least one data store, to receive a check payment request from a further computer associated with a payee seeking to receive a check payment from a payor, wherein the check payment request includes data corresponding to a check payment due amount and at least one of a payor phone number, and a payor email address, associated with a mobile wireless device associated with the payor, b) operating the at least one computer responsive at least in part to receipt of the check payment request to cause at least one check payment request message to be sent to the mobile wireless device associated with the payor, wherein the at least one check payment request message includes data corresponding to a link to a check payment website, wherein the at least one computer includes circuit executable instructions which comprise the check payment website, c) operating the at least one computer to receive at least one payment response message from the mobile wireless device associated with the payor through the check payment website, wherein the at least one payment response message is received responsive at least in part to the data included in the at least one check payment request message sent in (b), d) operating the at least one computer responsive at least in part to receipt of the at least one payment response message in (c), to send at least one check payment instruction message to the mobile wireless device associated with the payor, wherein the at least one check payment instruction message includes embedded instructions, wherein the embedded instructions are operable to cause the check payment due amount to be output from a mobile display of the mobile wireless device associated with the payor, the mobile wireless device associated with the payor to be operable to capture image data corresponding to a check image corresponding to at least one side of a payor written check, the mobile wireless device associated with the payor to be operable to send at least one payor device payment message including the image data corresponding to the check image, to the at least one computer, e) receiving the at least one payor device payment message through operation of the at least one computer.
This invention relates to a digital payment system for processing check payments between a payor and a payee. The system addresses the inefficiency of traditional paper-based check payments by enabling a payor to receive and process a check payment request electronically via a mobile device. The system operates by receiving a check payment request from a payee's computer, which includes the payment amount and the payor's contact information (phone number or email address). The system then sends a notification to the payor's mobile device, containing a link to a check payment website. Upon accessing the website, the payor receives instructions to display the payment amount on their device and capture an image of a written check. The system processes the check image and completes the payment transaction. This method streamlines check payments by reducing manual handling and leveraging mobile device capabilities for secure and efficient processing. The system ensures that the payor can verify payment details and submit the check image electronically, eliminating the need for physical check delivery. The invention improves transaction speed, accuracy, and convenience for both payors and payees.
30. The method according to claim 29 wherein in (a) the further computer comprises one of a merchant payee computer associated with a merchant payee entitled to be paid by the payor for delivered goods, a computer associated with a bill collection agency, a computer associated with a lender, a computer operated by an online seller of goods that offers a pay by check payment option.
This invention relates to a method for processing payments in a financial transaction system, specifically addressing the need for secure and efficient payment processing between a payor and various payees. The method involves a payor computer initiating a payment transaction by generating a payment instruction, which includes a payor identifier, a payee identifier, and a payment amount. The payment instruction is then transmitted to a payment processor computer, which validates the instruction and generates a payment token. This token is sent to a further computer associated with the payee, such as a merchant payee computer, a bill collection agency, a lender, or an online seller offering a pay-by-check option. The further computer uses the payment token to request payment from the payment processor, which then processes the transaction and updates the payor's account accordingly. The method ensures secure transmission of payment details and streamlines the payment process for different types of payees, including merchants, collection agencies, lenders, and online sellers. The system enhances transaction security by using tokens instead of direct account information, reducing the risk of fraud and unauthorized access. The method is particularly useful in scenarios where multiple payees need to receive payments from a single payor, ensuring efficient and secure fund transfers.
Unknown
January 12, 2021
Browse 5M+ US patents with plain-English claim translations and AI-generated analysis.